Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


April fool's holidays' law muddle no joke

Thursday, March 30, 2006

April fool's holidays' law muddle no joke

Employers will wake up this Saturday with the headache of figuring out how to make the transition to four weeks holiday for their staff.

"Four weeks holiday in 2007 starts this year on April 1st for employers," said David Lowe, Employment Services Manager for EMA (Northern).

"Though employees won't get the four week entitlement until their work anniversary date on or after 1 April 2007, employers have to start putting aside the money now.

"The muddle results from the holidays' law in 2003 being drafted in isolation from the practical realities of the workplace.

"The law assumes businesses allocate holiday entitlements once a year but it is based on work practices abandoned long ago. Business has long since adopted modern accrual methods.

"The concept is simple but no one asked employers how best to make it happen.

"Another error in the writing of the law requires employers to back-pay the extra weeks leave to 2006 next year if an employee resigns after April 2007 but before they are entitled to the extra week's holiday.

"The four weeks fiasco is another example of 'unintended consequences' which happen because governments don't listen to the people affected.

"EMA's free telephone advice service has been inundated with inquiries. Our workshops to help employers figure out what to do have sold out four times.

"The muddle has to be fixed."


© Scoop Media

Business Headlines | Sci-Tech Headlines


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news